New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 104ZE

104ZE Cancelled agreements and transfers

(1) The following transactions are not liable to surcharge purchaser duty if they are not liable to duty under Chapter 2 because of section 50 or 50A--

(a) an agreement for the sale or transfer of residential-related property that is cancelled (within the meaning of section 50),

(b) a transfer of residential-related property that is effected by an instrument.

(2) Section 50 (2) extends to surcharge purchaser duty that has been paid on an agreement that is not liable to surcharge purchaser duty because of this section.

(3) Section 50A (2) and (3) extend to surcharge purchaser duty that has been paid on a transfer that is not liable to surcharge purchaser duty because of this section and to any transfer instrument in respect of which the application for a refund is made.